$195,000

405 Ray St

New Albany, MS 38652 · Union County

Bedrooms: 3
Bathrooms: 2
Sq ft: 1,971
Year built: 1968
Lot: 0.95 acres
Listed: 2026-06-04

About this home

Nestled on a quiet, tree-lined street, this charming 3-bedroom, 2-bath home offers the perfect blend of comfort, convenience, and small-town charm. Just minutes from downtown New Albany, you'll enjoy quick access to local shops, restaurants, and everyday amenities--all while savoring the peace and privacy of a serene neighborhood setting. Homes in this highly desirable area don't come along often. Make this one yours and enjoy the best of New Albany living. With in minutes to Toyota and Walmart DC.

Quick answers about 405 Ray St

How much is it?: Listed at $195,000 (about $99 per sq ft) as of 2026-10-08.
Is it in a USDA-eligible area?: Yes. ZIP 38652 in Union County is outside the areas USDA excludes, so qualified buyers may be able to buy with $0 down. The home and your household income still have to qualify.
Who can show me this home?: Kaspar Caldwell, REALTOR® with Keller Williams, can set up a tour and help you make an offer. Call 662.321.1585.

Your agent for this home

Kaspar Caldwell, REALTOR®

Keller Williams · License # S-62291. Affordable housing advocate with 45+ completed affordable housing transactions, including manufactured homes, across North Mississippi.

Call 662.321.1585 Text Kaspar Email Get pre-qualified

Zero down may be possible

This home sits in a USDA-eligible area. Final approval depends on the property and your household income.

Est. principal & interest

$1,348/mo

Rate %Term

What this estimate means

Principal & interest (P&I) is just the part of your payment that repays the loan and its interest.
Example terms: $195,000 price, $0 down, 1% USDA guarantee fee added to the loan ($196,950 borrowed), 7.28% fixed for 30 years, 360 payments of $1,348.
The default rate is the national 30-year average from Freddie Mac for the week of 2026-10-01. It is an interest rate, not an APR. Your APR and rate depend on your credit, the lender and fees.
Not included: property taxes, homeowners insurance, the annual USDA fee (about 0.35% of the loan per year), and any flood insurance or HOA dues. Your full monthly payment will be higher.
This is an example for comparison only. It is not a loan offer or approval. Your lender must give you an official Loan Estimate within 3 business days of applying.

Listing courtesy of
COLDWELL BANKER SOUTHERN REAL ESTATE

Call Kaspar · 662.321.1585 Email kaspar@kw.com

Kaspar Caldwell, REALTOR®, License # S-62291 · Keller Williams, 2185 Hutchinson St, Tupelo, MS 38801